How does collaboration affect a publishing contract?

A publishing contract is generally a contract between a publisher and an author; a collaboration seems to add an additional party to the agreement. I would like to know what kind of complications this introduces to the contract.

Is there anything I should be wary of when negotiating such a contract? Does collaboration add new elements to a contract I may be unfamiliar with from "regular" contracts?

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How does collaboration affect a publishing contract?

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